He did nothing, thinking the economic crisis would mend itself with time.
Hoover was a laissez-faire Republican who believed the government should not interfere with the economy.
Hoover's approach to the Great Depression was to do nothing initially. He believed it was a normal part of the boom-bust economic cycle. As the Depression moved on, Hoover used a method of volunteerism. Volunteerism asked those with money to give to others and to invest their money back into the banks and job creation.
Explanation:"The U.S. Flag should not be embroidered on such articles as cushions, handkerchiefs, and the like; printed or otherwise impressed on paper napkins or boxes or anything that is designed for temporary use and discarded; or used as any portion of a costume or athletic uniform." How could this sentence best be broken in two?
The author of this excerpt is presenting an argument for Japan to follow a policy of "<span>(4) economic imperialism" since there are so few other options available. </span>
